The Pakistan Democratic Movement (PDM) government has announced a reduction in the prices of petroleum products for the second time in a row, giving great relief to the people.
Federal Finance Minister Ishaq Dar confirmed the decrease in the prices of petroleum products in his video statement. The Federal Finance Minister said that in the last fortnight,
the prices in the world market have not decreased, nor has there been any improvement in the value of the rupee against the dollar, despite this, we have decided for the public to make room for it.
They are trying to provide all possible relief to the people. He said that for the next fortnight from June 1, the price of diesel is going to be reduced by Rs. 5, which has become Rs. 253 per liter after the reduction of Rs. 258 per liter.
The price of petrol is being reduced by Rs. 8. , the new price of which has been reduced from Rs 270 to Rs 262 per litre.
The finance minister said that the price of light diesel has been reduced by Rs 5 per litre, after which light diesel The new price has become 147 rupees 68 paise per liter.
The price of High Speed Diesel has also been reduced by Rs 5 per litre, after which the price of High Speed Diesel has increased to Rs 253 per litre. He said that there is no change in the price of kerosene, the price of kerosene is stable at 164 rupees 60 paise.
The change in the prices of petroleum products will be implemented from 12 pm tonight. It should be noted that earlier on May 15, Finance Minister Ishaq Dar had announced to reduce the price of petrol by 12 rupees per liter.
He said that the prices of petroleum products are to be determined from May 16 to May 31.
The Prime Minister and his government are trying hard every month to provide maximum relief to the public on the basis of the international market. For the next 15 days, the new price of petrol will be reduced from Rs 282 to Rs 270 per litre.
The price of high speed diesel has been reduced by Rs 30 per liter from Rs 288 to Rs 258 per litre.
It will be liter. He said that kerosene is being reduced by Rs 12 per liter and its price will be reduced from Rs 176 7 paise to Rs 164 7 paise per litre. The price of light diesel oil per liter is being reduced from Rs 164 68 paise to Rs 152 68 paise.